Four-hour level: After the MACD indicator forms a death cross at a high position, the fast line has effectively crossed below the zero axis, while the green momentum bars below continue to show higher trade volumes. The short positions dominate, and the short-term downward trend is clear. Weekly level:

The MACD indicator synchronously confirms a bearish cross. Combined with historical trend patterns, this formation is often followed by a significant price decline, highlighting a medium- to long-term short position pattern. It is suggested to short during rebounds at the two levels of 3870-3900, targeting 3600$ETH .